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BREAKING: Softbank CEO Masa Son was reportedly visiting the US yesterday to announce a $100 billion investment with President- elect Trump, per CNBC.
The investment will be focused around building out AI and aims to create 100,000 jobs in the US. SoftBank CEO says his "confidence level" in the US economy has "tremendously increased with [Trump's] victory" - announces $100 BILLION investment. "Because of that - I am committing $100 billion and 100,000 jobs into the United States. This is DOUBLE of last time... because President Trump is a double-down president." Source: Eric Daugherty @EricLDaugh
Enron: The rise, the fall, the cautionary tale.
QUESTION: What's today's Enron? Source: Hedgeye
BREAKING >>> The Dow Jones just hit an 8-day losing streak
The longest since 2018 $DIA
To put things into perspective:
Chip specialist Broadcom has added $324bn to its market value in just 2 days—exceeding the entire market value of Germany's largest company, SAP, which is worth $310bn. Source: HolgerZ, Bloomberg
This is crazy: 11 consecutive days of more decliners than advancers in the S&P500.
First time since Sept 11, 2001 Source: zerohedge
BREAKING 🚨: Japan
Japanese Stocks $EWJ formed a Death Cross for the first time since December 2021 ☠️ The last one saw stocks enter a bear market with a plunge of more than 30%. Source: Barchart
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